55 Channel Point Rd
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 3, 2019 | Sold | ||
| Sold | |||
| May 2, 2017 | Listed by The Virtual Realty Group | $549,500 | |
| Listed by The Virtual Realty Group | |||
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Location,charm & views is what this unique property is all about. Located just steps away from the water, take in the ever changing views of the harbor & ferry's coming & going right from the comfort of your home. This sun lit turn key property features 4 bedrooms, 2 fireplaces, open living space w/ plenty of areas for the family to spread out. The exterior features multiple English gardens & trees that burst with color through out the season. There are 3 levels of patios/decks for outside enjoyment. Sit on the side patio & enjoy the water views, ferries & all of the fun daily activities of living in the area or retreat in the private backyard for peace & tranquility amongst all the beauty. Minutes from restaurants, beaches, town landing, parks, yacht club & so much more. Not to be missed ..
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017